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Company Registration No. 13231434 (England and Wales)
3CIX LTD Unaudited accounts for the year ended 31 December 2023
3CIX LTD Unaudited accounts Contents
Page
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3CIX LTD Company Information for the year ended 31 December 2023
Directors
Muhammad Nasir Jahangir Ahmed
Company Number
13231434 (England and Wales)
Registered Office
Hanslip Harben House Milton Keynes, England MK16 9EY United Kingdom
Accountants
AY Accountants LLP 2nd floor, 6 Oxford street Bolton Greater Manchester BL1 1RF
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3CIX LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,865 
11,180 
Tangible assets
145,457 
39,011 
153,322 
50,191 
Current assets
Debtors
242,209 
216,005 
Cash at bank and in hand
74,732 
78,968 
316,941 
294,973 
Creditors: amounts falling due within one year
(190,388)
(210,535)
Net current assets
126,553 
84,438 
Total assets less current liabilities
279,875 
134,629 
Creditors: amounts falling due after more than one year
(135,944)
(90,000)
Net assets
143,931 
44,629 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
143,921 
44,619 
Shareholders' funds
143,931 
44,629 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by
Muhammad Nasir Director Company Registration No. 13231434
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3CIX LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
3CIX LTD is a private company, limited by shares, registered in England and Wales, registration number 13231434. The registered office is Hanslip, Harben House, Milton Keynes, England, MK16 9EY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors have reasonable expectations that the company has adequate resources to continue in operational existence for a foreseeable future.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 5 years
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
25% Reducing Balance Method
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
16,573 
At 31 December 2023
16,573 
Amortisation
At 1 January 2023
5,393 
Charge for the year
3,315 
At 31 December 2023
8,708 
Net book value
At 31 December 2023
7,865 
At 31 December 2022
11,180 
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3CIX LTD Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
8,500 
42,760 
755 
52,015 
Additions
124,110 
26,513 
4,308 
154,931 
At 31 December 2023
132,610 
69,273 
5,063 
206,946 
Depreciation
At 1 January 2023
2,125 
10,690 
189 
13,004 
Charge for the year
32,621 
14,646 
1,218 
48,485 
At 31 December 2023
34,746 
25,336 
1,407 
61,489 
Net book value
At 31 December 2023
97,864 
43,937 
3,656 
145,457 
At 31 December 2022
6,375 
32,070 
566 
39,011 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
153,953 
212,709 
Other debtors
88,256 
3,296 
242,209 
216,005 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,155 
76,180 
Obligations under finance leases and hire purchase contracts
54,606 
- 
Trade creditors
34,563 
61,889 
Taxes and social security
22,482 
13,118 
Proposed dividends
38,000 
45,000 
Other creditors
17,613 
5,829 
Loans from directors
7,419 
7,419 
Accruals
3,550 
1,100 
190,388 
210,535 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
45,944 
- 
Loans from directors
90,000 
90,000 
135,944 
90,000 
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3CIX LTD Notes to the Accounts for the year ended 31 December 2023
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Muhammad Nasir
Interest free loan from director
(50,000)
- 
- 
(50,000)
Jahangir Ahmed
Interest free loan from director
(40,000)
- 
- 
(40,000)
(90,000)
- 
- 
(90,000)
At 28 February 2022, the company owed £90,000 to directors. No interest has been charged to the company in respect of loans from directors which is payable on demand. The loan is classified in creditors due more than one year.
10
Transactions with related parties
At the balance sheet date, directors have advanced an unsecured loan of £90,000 (February 2022: £90,000) to company. The loan is interest free and has no fixed date for repayment. During the year, the directors have received dividends of £83,276 (December 2022-£45,000).
11
Controlling party
The directors control the company by virtue of their 100% ownership of the company's share capital.
12
Average number of employees
During the year the average number of employees was 30 (2022: 25).
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